Tuesday, November 18, 2008

Spokane Home Prices Down

This 10.4% is a figure for the entire state. I'll be checking to see what the local numbers turn out to be.

WA housing prices down 10.4% in 3rd Qtr

SPOKANE, Wash. - Home prices in Washington dropped 10.4 percent in the third quarter from the same period last year, the sharpest decline since the Washington Center for Real Estate Research at Washington State University began keeping statistics in 1994.

SPOKANE, Wash. - Home prices in Washington dropped 10.4 percent in the third quarter from the same period last year, the sharpest decline since the Washington Center for Real Estate Research at Washington State University began keeping statistics in 1994.

The number of homes sold in the third quarter was down 26 percent from the same period last year. It was at its lowest level since 1996.

The median price home in Washington during the third quarter sold for $281,500, the fourth consecutive quarter of decline.

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